Yeah the pace that this has been on lately it should have a market right around Amazon in less than a year lol
ROFL. Seriously tho, I think it can easily 2x and get to CMPS' market cap. Both are still concept companies, dumb retail investor like me has no way to differentiate which is better, and Mr Wonderful on TV has been pimping both. If you look into it let me know what you think of XXII.
on Nov 20, when NFLX ~ 483 constructed this bullish CALL spread on NFLX long 495 strike CALL (Jan) short 545 strike CALL (4 Dec), net $22.25 on 4 Dec, when NFLX ~ 498 rolled the short leg forward to 24 Dec w the 555 strike CALL, collecting a premium of $3.50,netting the cost basis for this CALL spread to be $18.75 today, after the ~ $16 pop, the Jan 495 CALL / 24 Dec 555 CALL spread is worth ~ 38 NFLX appears to be bouncing off the 50 dma, should it close above 522 today, trading action may re-visit the upper channel by Fri
Any thoughts on BABA? I have been meaning to get in for a long term position and seems like now might be as good as time as any?
Yeah looks like a good time if u want in. The gov fine was small and symbolic. I posted about jd health a few days ago, I think it's still undervalued, if it had ipo on nasdaq instead of hkex its price to sales multiple would be a few times higher. It's already getting added to hk index and ark has been buying. I bought a bit for long term hodl.
You guys are in that crap? God. Weirdos. JK. I got stopped out of it last week, but am going to try getting in again. It's one of the few I believe in long-term, but when profits go up that fast, I had to take them. Well, technically I was stopped out, I guess. Still holding *sigh*. The most recent hit was something like a $75,000 fine or something from the government. I don't like that they're being used as an example, but eh, I'm going to hold on until if/when the Chinese or US government drops the hammer on them. I'm up enough not to really care about a big drop. I was hoping the market would do better today after seeing SPCE abort their flight over the weekend. I knew that was going to take a hit, but was hoping the rest of the market would be ok, and it was until stuff started selling off. I bought some UVXY last week, too, so that helped. I'm waiting to see what the fallout of the cyberattacks may or may not be as well as some resolution on stimulus in the future.
paysafe arbitrageurs: fwiw, BX (incubator of paysafe) is showing a dark cloud cover signal---nearing the top of an up trend---is very beaish
I think I'll open up half my position this week. Trying to remember what I said in the Spring about not worrying too much about timing on super long term plays...
Thiel-Backed Bridgetown SPAC Weighs Up to $10 Billion Tokopedia Deal https://www.bloomberg.com/news/arti...said-to-weigh-up-to-10-billion-tokopedia-deal Pleasantly surprised when my "hopeful" sell orders on btwn warrants triggered today. quick 40% after 1 week of holding. don't know enough about toko. maybe i'll buy back in if warrants price drops.
Wow nice pick up. They sure got funded quick! Thiel does not mess around. Had my limit order sitting out there and it never dipped enough to get filled.
yeah i thought it was a no brainer esp with sam altman on board, former prez of y-combinator. few ppl have probably seen as many startups (failures and unicorns), and probably already has contacts with all the top acquisition targets. the warrant price reflected it too, had to pay $2.60 for warrants despite no target even announced at the time. the next spac he's involved in, gonna load up on warrants, doesn't matter if no target announced.
